Airbus Defence and Space Enters Memorandum of Understanding with Firefly Aerospace to Partner on Launch Solutions for Constellations

CEDAR PARK, Texas, March 19, 2019 /PRNewswire/ -- Firefly Aerospace, Inc. (Firefly), a provider of economical and dependable launch vehicles, spacecraft and in-space services, announced today the execution of a Memorandum of Understanding (MOU) with Airbus Defence and Space (Airbus) to develop new space launch solutions for Airbus customers.

"Firefly is pleased to enter into an MOU with Airbus to formulate an integrated market offering that will provide Airbus customers rapid deployment of Airbus manufactured satellites," said Firefly CEO Dr. Tom Markusic. "We are very impressed by the versatility and low cost of the Airbus ARROW platform and Airbus's investment in leading edge satellite mass production capabilities. We look forward to working closely with Airbus to bring economical launch solutions to their customers. This initial MOU covering several launches is the first step of a long-term relationship which will provide Airbus customers the highest level of flexibility for their small satellite launches."

Frederic Sotenberg, Head of Constellations Launch Solutions at Airbus Space Systems, said, "Our partnership with Firefly will provide launch options with direct access to specific orbits, flexibility, and short notice. The Alpha vehicle addresses an unmet need in small satellite launch and will provide a further option for our customers in addition to legacy medium and large launchers in Europe."

Les Kovacs, Firefly Vice President of Business Development, added that, "This flexibility will enable rapid deployment of and replenishment of Airbus customer constellations. We look forward to working closely with Airbus to develop integrated solutions that accelerate the global small satellite revolution and the commercialization of cis-lunar space."

ABOUT AIRBUS
Airbus is a global leader in aeronautics, space and related services. In 2018 it generated revenues of ? 64 billion and employed a workforce of around 134,000. Airbus offers the most comprehensive range of passenger airliners. Airbus is also a European leader providing tanker, combat, transport and mission aircraft, as well as one of the world's leading space companies. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions worldwide.

ABOUT FIREFLY AEROSPACE
Firefly is developing a family of launch vehicles and in-space services that provide industry-leading affordability, convenience and reliability. Firefly's launch vehicles utilize common technologies, manufacturing infrastructure and launch capabilities, providing LEO launch solutions for up to four metric tons of payload. Combined with Firefly's in-space services, Firefly provides the space industry with access to frequent launches at the lowest cost/kg, enabling ambitious commercial and exploration missions from LEO to the Moon. Headquartered in Cedar Park TX, Firefly has additional presence in Washington, D.C., Dnipro, Ukraine and Tokyo, Japan. Firefly is financed by Noosphere Ventures of Menlo Park, CA.

Contact

Eric Salwan
512-277-6959
[email protected]

SOURCE Firefly Aerospace, Inc.